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SRG Finance Secured Loans

Rates and fees last updated on

Use a car, motorcycle or jewellery to get a secured personal loan from SRG Finance.

If you’re looking to borrow a larger amount of money, then a personal loan from SRG Finance may be an option for you. They offer a flexible secured personal loan that can be used to finance a range of purposes.

As with any secured loan you use an asset as a guarantee, but the difference with SRG is that this asset can be an item you already own. By using an asset you already own, or having SRG Finance organise a hire purchase agreement to use a newly-purchased asset, you can get quick access to your loan amount. The turn-around time is usually within 48 hours.

Alternative to SRG Finance Loans

Rates last updated December 13th, 2017
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Monthly Service Fee Application Fee Product Description Monthly Repayment
Pepper Money Unsecured Fixed Rate Personal Loan
From 9.99% (fixed)
9.99%
$5,000
1 to 7 years
$0
$0
Apply for up to $50,000 and receive conditional approval within minutes.
Harmoney Unsecured Personal Loan
From 6.99% (fixed)
7.69%
$5,000
3 to 5 years
$0
$500 (Upfront fee)
Interest rates are tailored to each applicant individually, and start from as low as 6.99% p.a. to 29.99% p.a. based on credit history.
DirectMoney Unsecured Personal Loan
From 8.5% (fixed)
9.36%
$5,000
3 to 5 years
$0
$595
This unsecured loan features tiers of interest rates from 8.5% p.a. to 19.95% p.a. based on your credit history.
SocietyOne Unsecured Personal Loan
From 7.5% (fixed)
9.51%
$5,000
2 to 5 years
$0
3% (of loan amount)
Based on your risk profile, you will receive a tailored rate between 7.5% and 20.14% with a SocietyOne personal loan.
NOW FINANCE Personal Loans
From 8.95% (fixed)
10.42%
$4,000
1.5 to 7 years
$13
$395 (Based on $10,000)
Get rewarded with a low interest rate for your good credit history. Rates from 8.95% p.a. to 16.95% p.a. depending on your credit score.
Bank Australia Lifestyle Personal Loan
11.89% (variable)
12.94%
$1,000
1 to 10 years
$0
$150
A competitive variable rate loan that gives you ten years to repay.
Citi Personal Loan Plus
9.99% (variable)
10.95%
$5,000
3 to 5 years
$10
$199
Borrow up to $75,000 to use for a range of purposes. Competitive rate of 9.99% p.a. available to all approved applicants.
bcu Unsecured Freedom Loan
From 10.8% (variable)
13.9%
$4,000
1 to 5 years
$8
$200
A flexible personal loan available from $4,000 that you can use for any purpose.
RACQ Unsecured Personal Loan
12.95% (variable)
13.25%
$3,000
5 years
$0
$200
Apply for up to $60,000 to use for a variety of purposes end enjoy no penalty for early repayment. Note: You must be a QLD resident to apply.
Westpac Unsecured Personal Loan
From 12.99% (fixed)
14.14%
$4,000
1 to 7 years
$12
$250
Borrow up to $50,000 for a term of up to 7 years with the unsecured Loan from Westpac
Latitude Personal Loan (Unsecured)
From 13.99% (fixed)
15.19%
$3,000
2 to 7 years
$13
$250 (Loans under $4000 - $140)
An unsecured loan designed for multiple purposes – renovating, buying a car or travelling. Funds can be in your account in as little as 24 hours.
Bank of Melbourne Unsecured Variable Rate Personal Loan
From 12.99% (variable)
14.06%
$3,000
1 to 7 years
$12
$0 (On new loan applications before 18th January 2018.)
An unsecured personal loan that gives you a choice between a fixed or variable rate. Apply before 18 Jan 2018 for a $0 application fee. Conditions apply.
NAB Personal Loan Unsecured Fixed
14.99% (fixed)
15.85%
$5,000
1 to 7 years
$10
$150
An unsecured loan available for a wide range of purposes for a long period of time up to 7 years. You must have held a NAB Credit Card or Transaction account for at least 6 months before applying.
St.George Unsecured Personal Loan - Fixed Rate
From 12.99% (fixed)
14.06%
$2,000
1 to 5 years
$12
$0 (On new loan applications before 18th January 2018.)
Convenient redraw facility, flexible personal loan repayment options with a competitive interest rate. Apply before 18 Jan 2018 for a $0 application fee. Conditions apply.
NAB Personal Loan Unsecured Variable Rate
14.69% (variable)
15.55%
$5,000
1 to 7 years
$10
$150
An unsecured loan with a redraw facility that allows you to access money you've paid in advance. You must have held a NAB Credit Card or Transaction account for at least 6 months before applying.

Compare up to 4 providers

Things to consider about a secured loan from SRG Finance

By taking a secured loan from SRG Finance you can use an existing asset as collateral to borrow a larger amount of money than you may normally have access to. You should understand that offering the asset as a guarantee means that it can be sold if you default on the loan. This is to recover the funds that were lent to you.

Another convenient service that SRG Finance offer is they can secure a loan against an item you are planning to buy. They do this by organising a hire purchase agreement for the item, whether that be something you need for your business, or even an item for your home.

Features of a secured loan from SRG Finance

  • Fixed rate. The SRG Finance secured loan comes with a fixed interest rate. This means that for the life of the loan your interest will not be changed, so you’ll have the chance to work out your budget and better manage your loan repayments.
  • Repayment period. As you’re using an asset as a guarantee with the loan, SRG Finance are able to offer a longer repayment period. This can give you time to pay back your loan, although keep in mind that interest will build up over time.
  • Flexible lending criteria. People with bad credit may apply for this loan as SRG Finance will be able to use the secured asset to reclaim lost funds if they default, meaning less of a risk.
  • Repayment options. This feature gives you the choice of making repayments either weekly or monthly. You’ll have the chance to line up your loan repayment schedule with your payment cycle, helping you to better manage your repayments.

How much will the loan cost?

Costs vary depending on how much you borrow, the loan term and what type of loan you're applying for. You'll be offered a loan contract from SRG Finance that will detail the costs. You should go over this before you agree to the loan terms.

How to apply for a secured loan from SRG Finance

When you’re applying for a secured loan from SRG Finance online you’ll need to access the application form, and you should be ready to enter your personal details to make the process running. After filling out the application form you can click the ‘Submit Application’ button. Normally you’ll get approval of the loan within two hours.

You will need to submit 90-days worth of bank statements to show evidence of a regular income being deposited directly into your bank account.

In getting secured loan from SRG Finance you should meet certain eligibility requirements:

  • You’re an 18-year-old Australian citizen or a permanent resident
  • You've resided for more than three months at the same address
  • You pass SRG Finance’s credit rating check
  • You don’t have an unresolved bankruptcy
  • You’re not a part of any Part IX or X Debt Agreement.

A secured personal loan from SRG Finance can help you access finance by using an asset as a guarantee. Whether you’re looking to make a purchase for your home or business, or need to borrow a larger amount of money and have an asset that you can use as security, SRG might be an option to consider.

SRG short term loans

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Related Posts

SocietyOne Unsecured Personal Loan

Based on your risk profile, you will receive a tailored rate between 7.5% and 20.14% with a SocietyOne personal loan.

DirectMoney Unsecured Personal Loan

This unsecured loan features tiers of interest rates from 8.5% p.a. to 19.95% p.a. based on your credit history.

NAB Personal Loan Unsecured Variable Rate

An unsecured loan with a redraw facility that allows you to access money you've paid in advance. You must have held a NAB Credit Card or Transaction account for at least 6 months before applying.

NOW FINANCE Personal Loans

Get rewarded with a low interest rate for your good credit history. Rates from 8.95% p.a. to 16.95% p.a. depending on your credit score.

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